tci Part B Insider - 2022 Issue Q1

Physician Notes: Feds Adjust 2022 Conversion Factor By 3%

Congress offers help to circumvent CAA update. With the Omicron variant wreaking havoc, Part B providers already have a lot on their plates. Recent legislation acknowledges COVID-induced setbacks with an olive branch for 2022. Details: On Dec. 10, 2021, President Biden signed the Protecting Medicare and American Farmers from Sequester Cuts Act into law, offsetting impending 2022 Medicare payment cuts. Industry organizations expressed glee over the congressional changes because without the updates and support, most providers would be forced to tighten their belts with the bleak reimbursement prospects. One of the most critical policy turnarounds included a change to...

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